Member Info for zccax77

Yuri, know what you mean. Does not make sense why this is up and everything else down!

Lot of effort just to make £200 on a share which has hair on it's back.

You talking about £1.5K when alot of us have made £15k on this today.

This share requires a lot of patience, only suitable for long term buffet-like holders.

You cannot compare to a payday lender charging 50%, MTRO only have a NIM of 1.8%. Huge difference.

Chance would be a fine thing Cyberdog.

If it gets to 250p I will be gone. This has been the worst investment I have ever made. Absolute dogsh#te.

Why would anyone buy a 10 year old bank which needs another 5 years of restructuring to fix. Easier to start from scratch.

Don't think GS will buy this mainly due to the ring-fencing rules.

Worth bearing in mind GS pay 1% on their on-demand balances, MTRO only pay 0.2%. Ofcourse it will be oversubscribed.

"As such, it has been shrinking the loan book (on a net basis) over the past four quarters and we do not expect it to recommence growth until 2021e."

Another gem, yes why don't you expand your risk portfolio going into a massive recession. I am of the belief the BoD were preparing for this.

"It is heavily underweight consumer lending"

Investec are a bunch of imbeciles and cannot see the bigger picture. Surely having no unsecured lending going into a massive recession is a good thing. Maybe they have not heard of the term "return of capital is more important than return on capital".

Odey is not going to leave before H1 results, he still wants to see a £300m loss on a fully collateralised balance sheet. You could not make it up.

https://www.boerse-online.de/anleihen/metro_bank_plcls-flr_nts_201823-28-anleihe-2028-xs1844097987

No it won't the business model has been dragged through the mud for too long for investors to start believing again.

Investor6, your TLW positions must be in the money?

Agree market PnL is neutral over the long run, but the issue is you need to be aware when it will turn negative or positive. When some of my other positions were up 100%+ you have to ask who is taking the other side of these similar transactions.

Glad I sold out a few days ago. When oil and the market keeps on going up it only means one thing, market PnL is negative for PLUS. Punters always go long.

2019 was a horrible year and their revenues only down by 1.4%. This will survive and prosper.

Shorts will slaughter this today.